Newsletter #119 : Money

Jason
August 3, 2022
Been having a few conversations recently about money… 2022 budgets, forecasts, funding rounds, salary negotiations, how much to spend on christmas presents etc.

So we’re focusing the newsletter this week on money.

Also announcing the forthcoming launch of “The Digital MBA for Technology Leaders“, an exciting extension of our existing course material. 

And reminder about the January Online Talk where our guest speaker will look at how to manage Hypergrowth.

Final newsletter of the year will be with you on Christmas Eve 
Until then, good luck with the busy 2 weeks ahead.

Andrew Weaver
CTO Academy
andrew@cto.academy

TECH FINANCE
Reinventing Tech Finance : Evolution from IT Budgets to Technology InvestmentsThis article from a CIO perspective ​explores whether technology investment processes have kept pace with the speed that technology is transforming the nature of business.

Full article here.
THE CFO & THE CTO
CFO and CTO : How These Roles Are More Connected Than EverCFO and CTO interdependence is an emerging trend in businesses today, particularly SaaS (Software as a Service) companies.

Finance and technology functions are working more closely together to achieve collective goals and depending on each other to execute key business initiatives. Find out more in The CFO and The CTO
FUND RAISING
My Awkward VC Fundraising Experience
We know that a good number of you are involved in a funding round or aiming for one in the near future.

This is an interesting article to throw into the fund raising mix with a perspective on dealing with VCs.NB: We have future lectures and articles coming up that look into different levels of fund raising and how to manage that Tech DD process.

In the meantime, the VC article is here
BUSINESS CONCEPTS
16 Business Concepts Tech Leaders Must Understand To Communicate With Their Team With technology becoming an integral part of companies across industries, more businesses now have tech experts on their leadership teams.

This is bringing tech leaders out of their silos to become everyday contributors to overall business decisions and direction—meaning they must be familiar with fundamental business concepts both to fully understand all potential outcomes and to communicate their ideas to fellow leaders and members of the C-suite.

More insight here 16 Business ConceptsBOOK OF THE WEEK  
“The Introverted Leader : Building On Your Quiet Strengths”You don’t have be an extrovert–or pretend to be one–to get to the top! Jennifer Kahnweiler points to Mark Zuckerberg, Arianna Huffington, and Warren Buffett as prime examples of self-identified introverts who have done quite well for themselves.

The author here lays out a well-tested four-step strategy introverts can use to build on their quiet strength and make it a source of great power.

The book includes fresh information on the unique challenges faced by introverted women, how leaders can shape a more introvert-friendly workplace, customised hiring and coaching strategies for introverts, and the positive correlation between introverted leadership and company performance.

“Right now, we’re in the midst of a renaissance of introverts in leadership roles. But too often, introverts still feel unprepared and uncertain about how to lead most effectively. Jennifer Kahnweiler has spent years working with introverted leaders, and this book is full of advice from the trenches.”
Adam Grant, Author of “Give and Take”

Find out more here.

             VIDEOs OF THE WEEK 

Google – 2021 In SearchCTO ACADEMY PRODUCT LAUNCH 
“The Digital MBA for Tech leaders”

Launching February 2022
Sign up early for 50% Discount

In February 2022 we launch The Digital MBA for Technology LeadersA 9 module, 9-12 month business course built around 2+ years of our work and research into the learning topics and structure that ambitious tech leaders most need to achieve their optimal career impact.

The course will deliver 230+ high impact, micro lectures at a pace that sits alongside busy working schedules.

Lecturers are joining us from around the world and across a range of disciplines – CTO, CIO, C-Suite Executives, Business Leaders, Entrepreneurs, Data Scientists, Psychologists and more.

In addition to video lectures, there will be real time support via cohort networks, online forums, live debates, slack channels and personal course managers.We went live this week with an initial landing page and tech leaders are already signing up for the February cohort. 

Sign up before 1st February 2022 and get a 50% discount …
and if you’ve already paid for the Foundation Course, we’ll give you a 100% rebate against the cost of joining The Digital MBA.

In the words of colleague and leadership coach Jim Mortensen …
“I don’t know why any serious tech leader wouldn’t be interested in this.
Fantastic bang for the buck”

Enroll Now or book a discovery call where I’ll be delighted to explain more and explore whether it’s the right fit for you.CTO ACADEMY EVENTS 
January 19th 2022

“From 30 to 300 – The Fun and Reality of Rapid Growth”

 Weds 19th January 2022, 1600 (GMT)

From 30 to 300 – The Fun and Reality of Rapid Growth
with Dave Williams, MD at Slalom UK

How do you manage supercharged growth and retain core values?

Slalom UK started business in 2014 and after creating a foundation of 30 team members by 2018, has grown to 300 strong today.

CTO Academy will be chatting with Dave as he provides reflections and war stories about their supercharged growth in the modern technology and consulting sector and why “Smile” is a core value at the company.This will be followed by a Q&A session where Dave will be happy to answer and debate queries you have about how to manage your way through Hypergrowth.Presenter: Dave Williams
After 20 years with Accenture, Dave has been MD at Slalom UK for 4+ years. Slalom is a global consultancy focused on strategy, technology and business transformation.

Free to Attend – Register Here

COMMUNITY NEWS
Congrats to Steve van NiekerkWe heard some great news from Steve at ProQuo AI as he announced his promotion to the CTO role.

Even more pleasing from our perspective was Steve’s feedback on CTO Academy “CTO Academy has helped me prep for the role. I wouldn’t have been confident going in without CTOA and it’s community at my back.”

We’re all driven by a mission and a purpose, individually and collectively. 

CTO Academy is no different with a mission of “empowering technology leaders to change the world”

So to hear this great news and our small part in helping it happen, gave us an early Christmas present!

Download Our Free eBook!

90 Things You Need To Know If You Want to Become The CTO

CTO Academy Ebook - CTO Academy

Latest posts

Tech Leadership, Vulnerability - CTO Academy

Tech Leadership, In So Many Words … #8 Vulnerability

Vulnerability builds trust and elevates performance. It sits alongside empathy and authenticity as a triumvirate of the soft skills that help leaders to earn the trust and buy-in of those they lead. Research shows that leaders gain much by showing just a little vulnerability and as Brene Brown explains “being vulnerable in the workplace means … Read more

Tech Leadership, Responsibility - CTO Academy

Tech Leadership, In So Many Words … #7 Responsibility

You have responsibilities and power as a leaderthat impacts directly on people’s lives Jack Welch formerly CEO at General Electrictalked about the leader as “Chief Broomer”like those you see at the Winter OlympicsIn the sport of Curling Clearing stuff out of the waySo the people around them can act and do the thingsThat the organisation … Read more

Passion Led Us Here - CTO Academy

Why We Do, The Things We Do

We launched CTO Academy in 2019 and work with technology leaders to help them build the leadership and broader skill set that enables them to achieve the career impact they want. So it’s great to hear from our customers about their progress.

Transform Your Career & Income

Our mission is simple.

To arm you with the leadership skills required to achieve the career and lifestyle you want.